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June 22nd, 2022
We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten
Blockchain Technology Co-Chair Jeremy S. Goldman was quoted in the article, “We’ve Only Scratched the Surface of How Bad the Crypto Crime Wave Has Gotten” published by the Los Angeles Times. The article discusses the increase of criminal fraud for cryptocurrency investors, who have lost billions of dollars with little hope of recovering those losses.
Jeremy acknowledges the risks of crypto and is quoted saying, “Crypto technology was built out of a ‘libertarian ethos’ in which there’s no nanny state that’s going to take care of you.” He adds, “These are the consequences when there’s a mistake … there’s no one to unwind it, you can’t call customer service, you can’t go back to the mothership, you can’t go back to the bank.”
Recently, two men were arrested in Los Angeles for orchestrating a fraud and money laundering cryptocurrency “rug pull” scheme. Jeremy said, “The case demonstrated sophisticated abilities by federal agents to follow the money and follow blockchain-based transactions” and “They really did a good job in following the breadcrumbs.”
Read the full article here.
Other Quoted
‘Trump Too Small’ Opinion Leaves Some Justices, Attys Vexed
Law360 quotes Kimberly M. Maynard on the recent 'Trump Too Small' apparel trademark that the U.S. Supreme Court unanimously concluded was not a free speech violation. View Article
June 14 2024
Addiction-Treatment Startups Are Raking in VC Money—and Amassing Millions in Fines
Inc. Magazine quotes Daniel M. Goldberg on the recent explosion of venture funding in addiction treatment startups and the various legal and privacy concerns that come with building technology that has outpaced the scope of current regulations. (Behind paywall) View Article
June 11 2024
Rachel Sennott’s HBO comedy pilot welcomes 4 new cast members
Variety mentions Frankfurt Kurnit as counsel to actor, writer, and producer Jordan Firstman, who will join Odessa A'zion, Miles Robbins, and True Whitaker in Rachel Sennott's upcoming HBO comedy pilot. View Article
June 10 2024